PO Closeout? Read helpful hint below...

Year end closeout is
here. Many PASS users are closing purchase orders from FY09. As a reminder, if
AP is making the FINAL payment on a PO, select theF modifieron the
final voucher. By selecting F you are stating that the PO will be fully
paid once that voucher is processed. Upon approval three things will take place: 1.
the remaining funds, if any, will be automatically de-encumbered, 2. the
document is closed in SOAR and 3. the PO is closed in
PASS.

Remember, ONLY use
this feature if you are making theFINAL PAYMENTon the PO.